Finally out from under Travis Hafner’s deal, the Indians tried going big for once, offering free agent Shane Victorino a four-year, $44 million deal, according to FOXSports.com’s Ken Rosenthal.

Victorino instead signed a three-year, $39 million contract with the Red Sox, netting him an extra $2 million annually.

The $44 million would have been the biggest contract ever handed out in free agency by the Indians, and the second biggest deal in team history, behind Hafner’s four-year, $57 million deal that just expired. Kerry Wood’s two-year, $20.5 million pact signed four years ago rates as the team’s biggest outside expenditure to date.

It’d seem to be a good sign that the Indians have the money to spend, though one wonders where they might redirect it now. They don’t appear to be in on Michael Bourn or Nick Swisher (who would likely prefer an ocean view anyway). Adam LaRoche would make sense, but they haven’t been mentioned in connection with him. They could go after Cody Ross or Ryan Ludwick. It’s possible they’ll be in the market for two outfielders since Shin-Soo Choo is on the block.

With Odorizzi, the Twins finally have the front-end starter they’ve been seeking all winter. It’s a bargain deal as well, as the 27-year-old righty is under contract through 2019 and didn’t require the club to part with any of their top-shelf prospects in the trade. Odorizzi will be looking to stage a comeback in 2018 after a dismal performance with the Rays last year, during which he eked out a career-worst 4.14 ERA, 3.8 BB/9 and 8.0 SO/9 through 143 1/3 innings.

Palacios, 21, ranked no. 27 in the Twins’ system last season. He split his year between Single-A Cedar Rapids and High-A Fort Myers, raking a combined .296/.333/.454 with 13 home runs and 20 stolen bases in 539 plate appearances. He’s expected to continue developing at shortstop, though he’s also seen limited time at second and third base during his four-year career in the minors.